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Save Your Settlement
Home
For Plaintiffs
For Attorneys & Advisors
Establishing a Trust
Tax Planning
Benefits
More
  • Home
  • For Plaintiffs
  • For Attorneys & Advisors
  • Establishing a Trust
  • Tax Planning
  • Benefits
  • Home
  • For Plaintiffs
  • For Attorneys & Advisors
  • Establishing a Trust
  • Tax Planning
  • Benefits

Personal Injury Lawyers

You’ve worked hard to reach a recovery for your client. We want to help you enhance the results and the future life of your client, and cover all the bases when reaching a settlement or verdict. It’s never appropriate to simply give the client their money and go on with their lives, nor is it acceptable to structure every case,


Here are some things to consider:

Does your client or a family member in her household receive any government based benefits (i.e. Medicaid, SSI, etc?)

  1. Is it likely that your client may need long term care services (i.e. home care, nursing facility care, etc.) in the future? If so, what steps have you taken to protect the proceeds of litigation?
  2. Are there outstanding liens that are unresolved in the case?
  3. Have you “considered” Medicare’s interests and is a Medicare Set Aside required in a liability case?
  4. Now that your client is receiving money, does he even have a basic estate plan?
  5. Are there family or friends of your client who may exert influence over your client that would indicate a protective trust may be appropriate?
  6. Have you considered the multiple layers of tax planning for your client now (especially if considering using a structured settlement) as well as in the future?
  7. Are you concerned with “constructive receipt” of the settlement funds causing a problem for your client’s continued government benefits?

We get involved in the settlement process early so that we can assess the plaintiff’s needs and offer solutions before funds are received. This helps to expedite the settlement process because the client has a plan in place. In order to facilitate our examination of the client’s situation without risk to the client or counsel, we offer a complimentary review of the matter and can quickly identify the issues for you.

Settlement Options & Planning for Mediation

Structure Brokers

 We can assist both plaintiff and defense structure brokers to help plan the transition of accepting a recovery smoothly. We can assist with the allocation of funds between structures and outright distributions, as well as distributions to Special Needs Trusts or various other types of trusts necessary to protect the client. Some states, like Pennsylvania, have new, very strict rules on how to make an immediate annuity “Medicaid compliant”. If you are not aware of the rules introduced in Pennsylvania in 2013, doing a structure “the old fashioned way” could lead to a loss of Medicaid and SSI benefits for the client as well as liability to the broker. Let us help you help your client understand the parameters of what type of structure is appropriate. 

SNT Trustees

As a Trustee of a Special Needs Trust, you play a very important role in the management of a disabled person’s assets and the coordination of many issues that will affect the trust beneficiary during her lifetime. We assist Trustees to interpret the law and advocate for the rights of disabled beneficiaries to maintain their important government benefits. We frequently draft Special Needs Trusts and shepherd them through the approval process with Medicaid and SSI eligibility. This may involve interactions with the trust beneficiary and family, preparing court pleadings and making court appearances to maintain the integrity of the trust plan. We can even assist with establishing a court appointed guardian when necessary. 

Defense Attorneys

We can be brought into a case to help “cover the bases” when dealing with things like Medicare Set Asides, ongoing and future Medicaid and SSI benefits to limit your liability so that when you “close” a case, it is really “closed”. 

How We Can Help

Avoid Malpractice

Qualified Settlement Funds

Qualified Settlement Funds

While Plaintiff Attorneys play a vital role in securing necessary funds to help compensate their clients who are victims of negligent injuries, there are important considerations that reach far beyond settling the case, and have long term effects on the injured client.  


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Qualified Settlement Funds

Qualified Settlement Funds

Qualified Settlement Funds

A Qualified Settlement Fund (QSF) allows tax payers involved in litigation to receive settlement funds and potentially avoid tax ramifications until the funds are otherwise paid to the taxpayer. Often times a QSF is used in mass tort or other types of class action litigation.

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Medicare Set Asides

Qualified Settlement Funds

Medicare Set Asides

  The Medicare Secondary Payor Act has always required the determination of a “set aside” of some amount of funds related to paying for future care of an injured worker.




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No Fee Unless Your Case Settles

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Julian Gray Associates

Main Office:

954 Greentree Road

Pittsburgh, PA 15220


866-740-3986

  


866-740-3986

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